TSLA – pattern complete so off to new highs?

last post on TSLA: https://bartscharts.com/2021/03/26/tsla-charging-station-please/

in the last post, looks like the “percentage” or “log AB=CD” worked well and led to a 40% ish decline … that was wave 3 (orange)

today, we completed the first AB=CD in the entire run … we have a little gap left open but net-net this was a very nice BUY pattern and looking at the count, certainly can make the case that we are going to start a run to new all time highs for TSLA .. then, well, 5 waves complete. will try to update targets in the coming days/ weeks but lets watch price action for now in/around this pattern level.

Bart

Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets.

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